ITEM 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT.

On September 19, 2008, United Trust Fund Limited Partnership notified Pulaski Bank, the wholly-owned subsidiary of Pulaski Financial Corp. (the "Company"), that it was terminating the previously disclosed Agreement of Purchase and Sale, dated May 21, 2008, between United Trust Fund Limited Partnership and the Bank (the "Agreement") pursuant to which Pulaski Bank agreed to sell: (1) the property located at 12300 Olive Boulevard, St. Louis, Missouri, which is the Bank's headquarters, for $6.8 million; and (2) the property located at One Pulaski Center Drive, St. Louis, Missouri, which houses the Bank's mortgage lending and appraisal divisions, for $5.2 million. The agreements with UTF Lessor LLC ("UTF LLC"), the wholly-owned subsidiary of United Trust Fund Limited Partnership, and the Bank to lease back the properties were also terminated.

There were no material early termination provisions incurred by the Bank in connection with the termination of the Agreement.

No material relationship exists between the Company, the Bank or its affiliates and United Trust Fund Limited Partnership or UTF LLC, other than in connection with the Agreement and the leases with respect the properties.

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